Rent the Runway (RENT) Operating Leases (2021 - 2026)
Rent the Runway's Operating Leases came in at $32.8 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 14.4% from $38.3 million a year earlier and down 4.4% from the prior quarter.
Rent the Runway (RENT) Operating Leases (2021 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Rent the Runway's Operating Leases was $35.7 million, down 12.9% from FY2025.
- Operating Leases carries a five-year compound annual growth rate of -7.1% (FY2021 to FY2026).
- Going back by fiscal year, Operating Leases was $41 million in FY2025 (-9.5%), $45.3 million in FY2024 (+18.3%), $38.3 million in FY2023 (-17.5%) and $46.4 million in FY2022 (-9.9%).
- The fiscal Q2 2027 figure represents the lowest quarterly Operating Leases in data going back to fiscal Q4 2021.
- Year-over-year, Operating Leases has declined for eight consecutive quarters, with an average decline of 11.7% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in fiscal Q2 2025 (growth of 20.3%), and the weakest in fiscal Q4 2023 (a decline of 17.5%).
- Business Quant data shows RENT's Operating Leases at $34.3 million (Q1 2027), $35.7 million (Q4 2026) and $37 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn |
| 10 | Rent the Runway | 55.73 Mn | 55.73 Mn | 74.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 32.80 Mn |
| Apr 30, 2026 | 34.30 Mn |
| Jan 31, 2026 | 35.70 Mn |
| Oct 31, 2025 | 37.00 Mn |
| Jul 31, 2025 | 38.30 Mn |
| Apr 30, 2025 | 39.70 Mn |
| Jan 31, 2025 | 41.00 Mn |
| Oct 31, 2024 | 42.10 Mn |
| Jul 31, 2024 | 43.20 Mn |
| Apr 30, 2024 | 44.30 Mn |
| Jan 31, 2024 | 45.30 Mn |
| Oct 31, 2023 | 46.50 Mn |
| Jul 31, 2023 | 35.90 Mn |
| Apr 30, 2023 | 37.10 Mn |
| Jan 31, 2023 | 38.30 Mn |
| Oct 31, 2022 | 39.40 Mn |
| Jul 31, 2022 | 40.40 Mn |
| Apr 30, 2022 | 41.40 Mn |
| Jan 31, 2022 | 46.40 Mn |
| Oct 31, 2021 | 47.30 Mn |
Rent the Runway Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=RENT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "RENT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=RENT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();